Form 4: Astrotech Director Charles Winn Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Charles Winn acquired 6,006 shares of Astrotech Corporation common stock through a restricted stock grant.
Summary
- Director Charles Arch Winn was granted 6,006 shares of common stock on April 14, 2026.
- The shares were issued under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan.
- The restricted stock grant vested 100% immediately upon the grant date.
- Following this transaction, the reporting person beneficially owns 9,895 shares of common stock, including 485 shares held in an IRA.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.
Positives
- Director alignment with shareholder interests through increased equity ownership.
- Immediate vesting of equity suggests compensation for past service or retention.
Negatives
- Issuance of new shares results in minor dilution to existing shareholders.
Risks
- General market risks associated with holding equity in a small-cap technology company.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices intended to align board incentives with long-term shareholder value, particularly in the technology and aerospace sectors.
Comparison to Industry Standards
- The use of an Omnibus Equity Incentive Plan is consistent with standard compensation practices for publicly traded U.S. corporations.
- Immediate vesting of director equity is a common practice for board compensation packages.
Stakeholder Impact
- Minor dilution for existing shareholders due to the issuance of 6,006 new shares.
Key Dates
| Date | Description |
|---|---|
| 04/14/2026 | Date of the restricted stock grant transaction. |
| 05/18/2026 | Date the Form 4 was signed and filed. |
Keywords
Astrotech, ASTC, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation
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